*This position is now filled - no longer accepting applications.
Job Location: Rye, NY - Rye, NY
Position Type: Internship
Education: Not Specified
Job Shift: Day
Job Category: Real Estate
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and opportunity fund – platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic urban and street-retail corridors, including those in New York, San Francisco, Chicago, Washington DC, and Boston. At the same time, we are amplifying this portfolio’s solid growth by making highly-profitable opportunistic and value-add investments through our series of discretionary, institutional funds. For the trailing 15-year period ended December 31, 2014, Acadia’s stock achieved a cumulative total return of 1,388%, placing our company among the industry’s top-performing shopping center REITs.
Acadia is currently seeking a qualified intern to join its Acquisitions team, who can participate in the identification, analysis and presentation of real estate acquisitions. The successful intern will learn a variety of Acquisitions/Finance strategies and assist in building institutional quality financial models.
Interns are assigned a mentor who will provide guidance throughout the duration of their internship. Interns will be encouraged to learn as much as possible about Acadia and how Acadia’s various departments collaborate throughout the acquisitions process. The intern should be prepared to work in a fast-paced team environment and will finish the internship having gained broad experience in the deal analysis of retail-focused commercial real estate.
INTERNS WILL BE EXPOSED TO & PROVIDE SUPPORT IN THE FOLLOWING AREAS:
Assists in evaluating potential acquisitions, redevelopments, and ground-up developments to be presented to senior management • Building institutional quality financial models using Excel and Argus • Assist in the acquisition due diligence and closing process • Assist writing detailed Investment Committee memorandum
**Internship is paid and runs June - August. **
Must have completed their junior year in college; cumulative 3.0 GPA minimum • Must have a demonstrated interest in business, finance or economics with proficiency in MS Office applications (especially Excel). • Strong written and verbal communications skills • Ability to prioritize challenging work schedule/multitask • Highly self-motivated
Acadia Realty is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity